According to the administration, it has set aside US$34 million for the importation of power from regional providers to supplement local supply.
Last week, Finance and Economic Development Minister Mthuli Ncube stated in the National Assembly that US$34 million is being processed to help the Zimbabwe Energy Transmission and Distribution Company (ZETDC) and Zimbabwe Power Company (ZPC) in importing electricity. Ncube stated:
We have intervened with emergency resources totaling US$34 million to assist both ZETDC and ZPC in obtaining power from outside sources.
Unfortunately, it is all we can do for now, and this will be handled during the following seven days.
Ncube also stated that the government will name independent power producers (IPPs) that will receive government support to generate power to fulfill national demand on Monday, December 19th. He stated:
I am pleased to inform you that the structure and framework of what we term the Government Implementation Agreement to promote investment from Independent Power Producers have been substantially completed (IPPS).
It will address three areas: suitable tariff levels, government guarantees on the power purchase agreement, and currency compatibility.
They requested these three items, and we have placed three of them on trial.
We are now certain that the government can assist GIA in covering those three regions.
Zimbabwe is currently experiencing one of its worst power crises, with electricity users spending up to 18 hours per day in the dark.
On 19 December 2022, ZPC was generating a total of 672MW from three power stations, Hwange (433), Kariba (221), and Munyati (18). Harare and Bulawayo power stations were not generating anything.
In other news,
Former Vice President’s son lover spared jail
Former Vice President John Landa Nkomo’s son Sandlasami’s ex-lover who broke into his house as punishment for dumping her was spared the agony of jail life when she appeared in court charged with unlawful entry and theft.
Tinevimbo Hove (22) pleaded guilty to both charges when she appeared before Bulawayo magistrate Max Ncube.
The court heard that Sandlasami’s romance with his long-time lover went sour forcing him to terminate the…continue reading
